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    13458 Cicero Ave Crestwood, IL 60445

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    For Sale
    $3,993,000

    NNN ground lease with zero landlord responsibilities in Crestwood, IL.

    Property size:
    3,974 SF
    Lot size:
    0.87 Acres

    Property Features for 13458 Cicero Ave

    General Information

    Size
    3,974 SF
    Lot size
    0.87 Acres

    Source: The Boulder Group - Corporate Agent Randy Blankstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chase Bank Ground Lease Opportunity

    This property is located within the Chicago MSA, which is ranked #3 in the United States for population size. The site is occupied by JP Morgan Chase Bank, an investment grade rated company (S&P: A+). Chase Bank has been operating at this location since 2006 and signed a 30-year lease. The property is a triple net ground lease, presenting zero landlord responsibilities. The lease includes 10% rental escalations every five years. Deposits at this location were $153,510,000 in 2024. The property is located at the hard corner of Cicero Avenue (44,200 VPD) and 135th street (18,200 VPD), and is in proximity to Interstate 294 (104,700 VPD). It is situated in a dense retail corridor with tenants such as Target, Kohl’s, Menard’s, AMC Theaters, Walgreens, ALDI, Dollar Tree, OfficeMax, Burlington, and Bath & Body Works. Restaurants in the area include Chick-Fil-A, Applebee’s, Wingstop, Chipotle, Wendy’s, and Culver’s. Within five miles of the property, there are 277,817 people with an average annual household income of $87,527. The property size is 3,974 square feet and is located at 13458 Cicero Ave, Crestwood, IL.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chase Bank Bank Chase Mortgage Mortgage Lender Chase ATM Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crestwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.7387126
    Latitude
    41.647564

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    FAQs

    What type of property is this?
    Bank - NNN ground lease with zero landlord responsibilities in Crestwood, IL.
    Where is this bank located?
    The property is located at 13458 Cicero Ave Crestwood, IL.
    What is the asking price?
    The asking price for this property is $3,993,000.
    What are key features of this property?
    This property features: - Investment grade tenant (JP Morgan Chase Bank, S&P: A+).; - Triple net ground lease with zero landlord responsibilities.; - Strong deposit base of $153,510,000 in 2024.
    (847) 562-8500
    Request Owner's contact information
    13458 Cicero Ave Crestwood, IL 60445
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    Crestwood, IL 60445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13458 Cicero Ave Crestwood, IL 60445
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